Solana network and DeFi activity suggest SOL price rally will continue

Solana’s rising TVL and fees support a potential SOL price rally to $200.

Key takeaways:

Solana’s $10.9 billion TVL surpassed the entire Ethereum layer-2 ecosystem.

Solana’s 30-day fee revenue ($43.4 million) rose 109% compared to the previous month.

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